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MAHINDRA LIFESPACE DEVELOPERS LTD. - Outcome of Share Allotment Committee Meeting
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26 Mar 2014
Mahindra Lifespace Developers Ltd has informed BSE that the Share Allotment Committee of the Board at its meeting held on March 26, 2014 have issued and allotted 3900 new fully paid-up Equity Shares of Rs. 10/- each to the Eligible Employees on the exercise of Options granted under Employee Stock Options Scheme 2012 (ESOS -2012), at an exercise price of Rs. 10/- per share.&lt;br/&gt;&lt;br/&gt;Pursuant to this allotment, the issued equity capital of the Company has increased from Rs. 40,88,53,010 to 40,88,92,010 and subscribed and paid up equity capital of the Company has increased from Rs. 40,84,44,500 to 40,84,83,500.&lt;br/&gt;&lt;br/&gt;The equity shares allotted as above shall, rank pari-passu with the existing equity shares of the Company and shall be entitled to such dividends and corporate benefits, if any, declared by the Company after the allotment.
View all announcements for MAHINDRA LIFESPACE DEVELOPERS LTD. Source: BSE India